# WEF’s crypto council explores utility beyond ‘price speculation’ in inaugural review

# WEF’s crypto council explores utility beyond ‘price speculation’ in inaugural review

“# WEF’s crypto council explores utility beyond ‘price speculation’ in inaugural review ” The World Economic Forum’s cryptocurrency working group published its inaugural review on Thursday — its first step in communicating the application of digital assets in finance and beyond. In a 38-page report, the Forum’s Global Future Council on Cryptocurrencies highlights the various…

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# The Coinbase IPO is coming, according to SEC filing

# The Coinbase IPO is coming, according to SEC filing

“# The Coinbase IPO is coming, according to SEC filing ” One of crypto’s most-anticipated initial public offerings is one step closer. On Thursday, Coinbase announced that the firm had sent its draft registration for a public offering to the Securities and Exchange Commission. The company wrote that: “The Form S-1 is expected to become…

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# PayPal crypto partner Paxos closes 2M funding round

# PayPal crypto partner Paxos closes $142M funding round

“# PayPal crypto partner Paxos closes $142M funding round ” United States-bases stablecoin operator Paxos has raised $142 million in fresh funding from investors including PayPal and Mithril Capital. The stablecoin issuer announced the news on Thursday. U.S. investment firm Declaration Partners, backed by billionaire David M. Rubenstein, led the funding round with other participants…

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# Perpetual Protocol crosses 0K open interest cap amid BTC all-time high

# Perpetual Protocol crosses $500K open interest cap amid BTC all-time high

“# Perpetual Protocol crosses $500K open interest cap amid BTC all-time high ” Perpetual Protocol, a new DeFi derivatives exchange, revealed that the platform had already crossed its $500,000 open interest (OI) cap for decentralized perpetual contracts. The announcement is coming less than 24 hours after the mainnet launch of the service on Wednesday. Following the achievement,…

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